Hopening (France) Market Value
| MLHPE Stock | 7.85 0.00 0.00% |
| Symbol | Hopening |
Hopening 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hopening's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hopening.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Hopening on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Hopening SA or generate 0.0% return on investment in Hopening over 720 days.
Hopening Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hopening's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hopening SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.17) | |||
| Maximum Drawdown | 1.27 |
Hopening Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hopening's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hopening's standard deviation. In reality, there are many statistical measures that can use Hopening historical prices to predict the future Hopening's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.84) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hopening's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hopening SA Backtested Returns
Currently, Hopening SA is very steady. Hopening SA holds Efficiency (Sharpe) Ratio of 6.0E-4, which attests that the entity had a 6.0E-4% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Hopening SA, which you can use to evaluate the volatility of the firm. Please check out Hopening's Risk Adjusted Performance of (0.06), market risk adjusted performance of (0.83), and Standard Deviation of 0.1114 to validate if the risk estimate we provide is consistent with the expected return of 1.0E-4%. The company retains a Market Volatility (i.e., Beta) of 0.0118, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hopening's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hopening is expected to be smaller as well. Hopening SA right now retains a risk of 0.11%. Please check out Hopening jensen alpha and rate of daily change , to decide if Hopening will be following its current trending patterns.
Auto-correlation | 0.20 |
Weak predictability
Hopening SA has weak predictability. Overlapping area represents the amount of predictability between Hopening time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hopening SA price movement. The serial correlation of 0.2 indicates that over 20.0% of current Hopening price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Hopening SA lagged returns against current returns
Autocorrelation, which is Hopening stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hopening's stock expected returns. We can calculate the autocorrelation of Hopening returns to help us make a trade decision. For example, suppose you find that Hopening has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hopening regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hopening stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hopening stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hopening stock over time.
Current vs Lagged Prices |
| Timeline |
Hopening Lagged Returns
When evaluating Hopening's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hopening stock have on its future price. Hopening autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hopening autocorrelation shows the relationship between Hopening stock current value and its past values and can show if there is a momentum factor associated with investing in Hopening SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hopening Stock Analysis
When running Hopening's price analysis, check to measure Hopening's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hopening is operating at the current time. Most of Hopening's value examination focuses on studying past and present price action to predict the probability of Hopening's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hopening's price. Additionally, you may evaluate how the addition of Hopening to your portfolios can decrease your overall portfolio volatility.